ETH Bounce Looks Dangerous if This High Stays Lower
The lower low is locked in and the chart is already sketching the next move. Buyers might get one bounce, then sellers could take control again.
🗣 Original view
CryptoTony says the lower low is done and he wants the lower high to get short. He also notes he will look for longs soon.
🔥 Why this setup feels live
- Price is sitting after the fresh lower low.
- The drawn path shows a bounce then a sharp drop.
- 12h candles still respect the lower-high sequence so far.
- Volume has not shown strong reclaim yet.
🎯 Our short idea
- Bias: Short the failed bounce.
- Trigger: Rejection near the projected lower-high zone.
- Estimated entry: Around 2450-2550 on stall.
- TP1: Back to 2250.
- TP2: Toward 2000.
- Invalidation: Clean break above 2600.
- Subjective chance of TP1 before stop after confirmation: ~60%.
👀 What I am waiting for
A clean lower high that gets rejected. Until then I am not chasing either side.
Are you expecting the lower high to fail or hold? 👇
Tell me your cleanest confirmation signal.
Not investment advice - research on your own! 🚀
$ETH
The lower low is locked in and the chart is already sketching the next move. Buyers might get one bounce, then sellers could take control again.
🗣 Original view
CryptoTony says the lower low is done and he wants the lower high to get short. He also notes he will look for longs soon.
🔥 Why this setup feels live
- Price is sitting after the fresh lower low.
- The drawn path shows a bounce then a sharp drop.
- 12h candles still respect the lower-high sequence so far.
- Volume has not shown strong reclaim yet.
🎯 Our short idea
- Bias: Short the failed bounce.
- Trigger: Rejection near the projected lower-high zone.
- Estimated entry: Around 2450-2550 on stall.
- TP1: Back to 2250.
- TP2: Toward 2000.
- Invalidation: Clean break above 2600.
- Subjective chance of TP1 before stop after confirmation: ~60%.
👀 What I am waiting for
A clean lower high that gets rejected. Until then I am not chasing either side.
Are you expecting the lower high to fail or hold? 👇
Tell me your cleanest confirmation signal.
Not investment advice - research on your own! 🚀
$ETH
